Rochester,NY 8/28/2009 12:48:25 AM
Tofutti Brands Inc. TOF, TOFUTTI's Second Quarter Results - 2009.
Tofutti Brands Inc.
Tofutti Brands Inc. released its thirteen and twenty-six week period's results which ended by June 2009.
They report grand net income by sales for the June ended thirteen week period as $5,229,000, which is decline of $404,000, else sales recorded for the thirteen weeks ended June 2008 which was 7%. Overall Net sales for the twenty-six week period ended June 2009 declined as 9% to $9,407,000 which is compared with net income of $10,288,000 period ended June 2008.
Negative Sales impacted because of certain products elimination, which were sold in the 2008 period and the continuing causes of the economic climate which is deteriorating.
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